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You're stating it like only lottery players don't understand probabilities. Read the top comments in the thread, plenty of educated, intelligent HN readers have
by listenallyall 6y ago
You're stating it like only lottery players don't understand probabilities. Read the top comments in the thread, plenty of educated, intelligent HN readers have no clue how to calculate these probabilities either.
In fact, most lottery players I've met DO understand probability, or at least grasp the fact that their "investment" is, in the long term, an expensive hobby.
- dxdm 6y ago> You're stating it like only lottery players don't understand probabilities. OP doesn't say that literally, and I'm not reading it that way, either. > In fact, most lottery players I've met DO understand probability That's great! However, OP might be talking to and about different people here. People who don't know probabilities well exist, and some of them play the lottery. In fact, I think there's a lot of them. I think all OP is saying that it's better for people to understand probability better, and then decide to play the lottery, like the people that you're talking to.